US SB1957 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on June 25 2019 - 25% progression, died in committee
Action: 2019-06-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 25 2019 - 25% progression, died in committee
Action: 2019-06-25 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows an energy tax credit for investment in qualified offshore wind property, the construction of which begins before January 1, 2026. The bill defines "qualified offshore wind property" as an offshore facility using wind to produce electricity.
Title
Offshore WIND Act Offshore Wind Incentives for New Development Act
Sponsors
Sen. Edward Markey [D-MA] | Sen. Sheldon Whitehouse [D-RI] | Sen. Jack Reed [D-RI] | Sen. Elizabeth Warren [D-MA] |
Sen. Cory Booker [D-NJ] |
History
Date | Chamber | Action |
---|---|---|
2019-06-25 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3473 (Same As) 2019-06-25 - Referred to the House Committee on Ways and Means.
HB7516 (Related) 2020-07-10 - Referred to the Subcommittee on Coast Guard and Maritime Transportation.
HB7516 (Related) 2020-07-10 - Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Subjects
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Great Lakes
Income tax credits
Marine and coastal resources, fisheries
Taxation
Business investment and capital
Electric power generation and transmission
Great Lakes
Income tax credits
Marine and coastal resources, fisheries
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1957/all-info |
Text | https://www.congress.gov/116/bills/s1957/BILLS-116s1957is.pdf |